Connector Industry Forecast

Connector Industry Forecast

How is the connector industry anticipated to perform in 2018? How does this compare to performance in 2017? How does it compare to anticipated performance in 2019?

Which markets and sub-sectors will show the greatest growth in 2018, in 2023?

What outside factors are affecting connector growth in 2018? What factors may affect growth in 2019 and beyond?

Historically, how is 2018’s performance impacting demand? How are currency fluctuations impacting 2018 in sales dollars?

What market and sales trends will prevail in 2018 and beyond and why?

Bishop & Associates research report, Connector Industry Forecast reviews total world connector sales in 2017 and provides a comprehensive analysis by region and market sector of projected connector sales for 2018 through 2023. With connector sales broken down by region, market sector, and sub-sector, this report provides a detailed analysis, in US dollars, of the world connector industry.

Prepare your company to participate in the markets and sub-sectors that will drive connector sales through 2023, order your copy of the Connector Industry Forecast today.

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Connector Industry Forecast - 2018-2023

Chapter 1 – 2018 – Looks like Another GREAT Year for the Connector Industry

Chapters 4 Thru 8 Provide the Same Detail Level as Chapter 3

Chapter 4 – European Connector Forecast

Chapter 5 – Japanese Connector Forecast

Chapter 6 – Chinese Connector Forecast

Chapter 7 – Asia Pacific Connector Forecast

Chapter 8 – ROW Connector Forecast

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Connector Industry Forecast - 2018-2023

Bishop & Associates has released the 2018-2023 Connector Industry Forecast. This eight-chapter report provides an in-depth, and detailed forecast of the worldwide connector Industry. In addition to the detailed forecasts for each region of the world (North America, Europe, Japan, China, Asia Pacific, and ROW), an industry overview is included which provides current market trends, including connector confidence level, currency fluctuation effects, and industry sales performance, as well as an outlook narrative.

Worldwide and each regional forecast includes:

Computers & Peripherals

Mobile Computers

Desktops

Servers

Storage Equipment

Input/Output Equipment

Communication LAN Devices

Other Computer Equipment

Business/Office Equipment

Retail/POS Equipment

Imaging Systems

Other Business/Office Equipment

Instrumentation

Automatic Test Equipment

Analytical/Scientific Instruments

Other Instrumentation

Medical Equipment

Diagnostic & Imaging Equipment

Therapeutic Equipment

Other Medical Equipment

Industrial

Heavy Equipment

Industrial Auto & Process Control

Building & Civil Engineering

Energy Markets

Machine Tools, Machinery & Robotics

Other Equipment

Automotive

Body Wiring & Power Distribution

Powertrain

Comfort, Convenience & Entertainment

Navigation & Instrumentation

Safety & Security

Transportation (non-auto)

Commercial Vehicles

RV's & Power Sports

Rail

Construction

Farm and Garden

Military/Aerospace

Telecom/Datacom

Carrier Network

Enterprise Network

Wireless Infrastructure

Subscriber Equipment

Other Telecommunications

Consumer

Personal/Portable Consumer

Home Video Equipment

Home Audio Equipment

Consumer White Goods

Other Consumer

Other Equipment

2018 – Looks Like Another GREAT Year for the Connector Industry

Poised to be better than 2017, 2018 is anticipated to be a banner year for the connector industry! In 2017, we thought we had seen the best year for the connector industry since 2010, when connector industry sales grew an astonishing 28.2% after declining a whopping 21.8% in 2009. Now, it appears that 2018 will outshine 2017 with sales growth of 11.2%. The connector industry has not seen sales grow in double-digits for two consecutive years since 2003 and 2004.

All regions are anticipated to show growth in 2018, with four of the regions, North America, Europe, China, and ROW, achieving double-digit growth. Europe is forecast to show the highest growth, which will make Europe the second largest region in the world, overtaking North America, which was the second largest region in 2017. Europe will be followed by North America, whose sales growth for 2018 will be the highest since 2010, when connector sales grew 23.8%, following 2009 where sales declined 25.8%.

North America will be followed by China for 2018 sales growth, with 2018 connector sales also forecast to be in the double-digits. China will maintain its position as the largest region with connector sales exceeding $20 billion for the first time. China will be followed by the ROW region. Although lower than 2017 growth, where connector sales grew 12.9%, this will be the first time since 2011 that the ROW region will have sales that exceed $3 billion. ROW will be followed by the Asia Pacific region, with 2018 forecasted sales of over $9 billion for the first time.

The Asia Pacific region will be followed by Japan. Although Japan’s sales are forecasted to be significantly lower than 2017 growth of 11.7%, 2018 sales will bring the Japanese region above the $5 billion mark, a figure not seen since 2014.

The connector industry’s sales by region are noted in the following table.

2018 Outlook

We are forecasting 2018 sales to grow +11.2% to $66,839.2 million.

It is important to note that this forecast is based on the following assumptions:

No US or European recession.

Minimal impact on the electronic connector industry by the establishment of tariffs, especially those on raw materials such as aluminum and steel.

Currency fluctuations will be minimal.

Energy prices will remain relatively stable with no unusual high spikes.

Stable interest rates with few short-term increases, particularly in North America and Europe.

No major geo-political blow up in the Ukraine, Middle East, South China Sea or Korean Peninsula.